414 Lantern Wood DrScottdaleGA30079
INVESTMENT ANALYSIS
Investment Verdict
Solid Income414 Lantern Wood Dr, Scottdale, GA, 30079 in Scottdale is a solid income-producing rental, 9.21% gross yield, $2,111/mo rent, $282/mo net cash flow on a $274,900 buy. DSCR 1.62 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $75,950 and $2,304/yr in principal reduction project a total cumulative return of $127,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $282 | $350 |
City averages based on Scottdale market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,111 |
| Total Monthly Debt Service | $1,631 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2003
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30079, Scottdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,729 (100%) |
| Owner Occupied HU | 710 (41.1%) |
| Renter Occupied HU | 910 (52.6%) |
| Vacant Housing Units | 109 ( 6.3%) |
| Median Home Value | $402,454 |
| Average Home Value | $435,197 |
Housing Distribution
Address Breakdown
Residential
1,638
Single Family
1,638
Multi-Family
0
Businesses
191
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
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Nearby investment properties with comparable prices
